Operational Risk Management Workshop

Understand various categories of operational risk

Gain insight into operational risk management policies, procedures and controls

Discuss salient features of Basle Accord relating to operational risk

This course is suitable for:

• Those working in banking operations (both in the field and controlling offices), risk management, internal audit and compliance

Day 1:

• Session 1: Need for Operational Risk Management (ORM)
• Session 2: Causal factors – processes, people, systems and external events
• Session 3: ORM framework – key building blocks and best practices
• Session 4: Operational risk – real life case studies – discussion and analysis of ‘what went wrong?’ and risk impact
• Session 5: ORM implementation – benchmarking and risk identification

Day 2:

• Session 1: ORM implementation – steps in risk classification and mapping
• Session 2: Tools and techniques – how to measure and quantify operational risk
• Session 3: Assessing embedded controls for identified risks and their treatment
• Session 4: Basel Committee – measuring operational risk and providing regulatory capital
• Session 5: Governance structure for successful ORM function
• Session 6: Value addition through operational risk monitoring and reporting